OUR TAKE Intel’s disappointing quarterly report in early August, coupled with the company suspending its dividend and announcing layoffs that affected…
Browsing: Intel
Intel CEO Pat Gelsinger is preparing to lay out a series of cost-cutting measures and strategic divestitures to the company’s board of directors at an upcoming mid-September meeting.
US Republican Senator Rick Scott has queried Intel’s CEO over plans to cut over 15,000 jobs, despite the company’s receipt of nearly $20 billion in US grants and loans intended to boost semiconductor production and create jobs.
OUR TAKEThe Joint Developer Day, which was held in Shanghai by Intel and Microsoft Reactor, was focused on making small…
OUR TAKE Lip-Bu Tan, a semiconductor industry veteran, was brought to Intel two years ago to help the chipmaker make a…
Intel introduced Arc Graphics for automotive discrete GPUs at a product launch on 8 August 2024 in Shenzhen.
SoftBank has shelved plans for producing an AI chip with Intel, according to the FT, citing people familiar with the matter.
OUR TAKEIntel’s pivot to China’s EV market amid geopolitical tensions is a bold move. The company’s strategy to focus on…
OUR TAKESoftBank’s termination of its AI chip development partnership with Intel highlights the challenges and competitive nature of the tech…
Fintech 1. Robinhood results beat estimates on meme-stock, crypto-trading boom Robinhood beat Wall Street expectations for second-quarter earnings on Wednesday,…
OUR TAKEIntel’s decision to lay off 15,000 employees highlights the company’s urgent need to adapt to a rapidly changing tech…
OUR TAKEIntel’s drastic measures reflect its struggle to remain competitive amid rapid technological advancements. While layoffs and cost reductions may…